Settlement Agreement Approved for TD Waterhouse

The respondents violated Nova Scotia securities laws by failing to provide account statements and trade confirmations to its client as requested and required by law.

“It’s important for investors to receive these documents as it enables them to be aware of activity in their accounts and it helps them make informed investment decisions,” said Heidi Schedler, senior enforcement counsel for the Nova Scotia Securities Commission.

TD Waterhouse accepted responsibility for its conduct, was co-operative with commission staff and compensated the client for this oversight.